Daily FX Trends - Commentaries

USD/INR EURO/USD GBP/USD USD/JPY USD/CHF
Macro Support-Resistance Levels 92.50-95.25 1.1250-1.2100 1.2800-1.3700 150.00-162.50 0.7400-0.8300
Sentiment against USD Negative Neutral Neutral Neutral Neutral
Forecast for the day 92.60-93.15 1.1470-1.1580 1.3150-1.3265 159.00-160.00 0.7950-0.8050

Rupee continues to trade on positive note, trading below 93 levels against last week 93.11 levels. Market volumes will be lower today due to long weekend holidays in the West and European holidays today. Equity market benchmarks are trading about 0.4 lower in early trades.

DXY is trading higher at 100.14 level today. USD is still holding on to its gains after strong NFP data and renewed threats from President Trump.


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